Despite numerous success stories (like the Mississippi Diabetes Telehealth Network), barriers still remain to the widespread adoption of remote patient management within the American healthcare industry.
But, as HIMSS pointed out in December 2014, the rate at which those barriers are falling is picking up speed. The technology behind RPM “is developing more quickly than policy and legal responses” can keep up, as the report states — yet policymakers are starting to bridge that gap, as evidenced by recent legislation like 2017’s “Increasing Telehealth Access to Medicare Act.”
Our telehealth experts see this is a pivotal moment, in which RPM’s rate of adoption begins to match its potential. “We’re going to see the explosive growth that everyone’s been forecasting,” says Care Innovations® Chief Financial Officer Bryan Pruden in a video from the RPM Academy.
Bryan points out that, until now, the integration of RPM into America’s healthcare system has been following the traditional patterns of adoption. But now, “we're actually starting to see the market turn,” he adds. “I think it's largely because some of the bigger challenges have been overcome or are starting to turn in a meaningful way.”
“In the next three to five years, RPM is going to be at the center of preventive healthcare,” agrees Care Innovations®’ Chief Information Officer Himanshu Shah in the video. He goes on to predict an ever-growing role for remote patient management in reducing the costs of healthcare in the United States, in no small part because of its efficacy in providing care for aging populations.
How RPM Is Poised to Transform the U.S. Healthcare Industry
What’s behind these predictions that RPM is primed to take the lead in America’s preventative healthcare model? The RPM Academy experts offer three significant reasons.
1. A Driver for Value-Based Care. Thanks to its ability to not just improve care for patients but also cut costs for providers (by reducing hospital readmissions and ER visits, among other advantages), RPM is seen as a powerful tool for achieving the goal of value-based care within the American healthcare industry. As Bryan points out, that’s increasingly giving organizations “the incentive to actually invest in RPM technology.”
2. Growing Clinician Acceptance. In addition to its power to help achieve financial incentives toward value-based care, RPM’s future growth also hinges on its ability to not just improve care for patients and cut costs for providers, but to ease the burden currently placed on physicians and clinicians, too.
“I think the industry was very focused on patients early on, and I think that was great, and certainly Care Innovations was a leader in that,” Bryan says. “And now, where we're really starting to lead is focusing on that clinician efficiency, and the interface between the clinician and the patient, and making that better."
3. Increasing Prevalence of Technology. Finally, the explosive popularity of consumer technology across all aspects of American life — yes, even among seniors — is seen by our experts as another indicator that RPM is poised to break through.
“The technology really has advanced, especially that last mile of connectivity into a patient’s home,” says Bryan. He goes on to point out that advances like wireless technology “help us reach the patients” in new and innovative ways, which are increasingly being embraced by patients in a way that drives results — results that resonate not just with patients, clinicians, and healthcare leaders, but also the policymakers who are poised to remove even more barriers to RPM’s adoption in the years to come.
Discover how RPM can transform your organizational goals, in terms of patient care and costs — schedule your complementary consultation with a Care Innovations representative today.